Daily News Wrap-Up: Prostarm Wins KTPCL’s 150 MW/300 MWh BESS Auction
Raj Prabhu, CEO at Mercom Capital Group, spoke about the success of Mercom India Renewables Summit 2025
August 21, 2025
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Prostarm Info Systems won Karnataka Power Transmission Corporation’s auction to set up a 150 MW/300 MWh standalone battery energy storage system in the 400 kW Doni substation, Gadag in Karnataka. The company won the entire capacity at a tariff of ₹254,000 (~$2,915)/MW/month, along with the state component for viability gap funding (VGF). Under the VGF funding, Prostarm can receive ₹2.7 million (~$30,990.9)/MW or up to 30% of the capital cost, whichever is lower.
